Dollar down on weak US markets, Aussie sinks after low inflation

The US dollar weakened against the euro and yen today, undermined by a decline in US equity prices and Treasury yields and finding little support from a slower-than-expected expansion in the US manufacturing sector. "As (US) equities underperform, this leads to buying of Treasuries and yields fall. The dollar is softer as a... Read More

A London taxi is driven towards central London in early morning sunrise. London

A London taxi is driven towards central London in early morning sunrise. London's black cabs are manufactured in Coventry by Manganese Bronze Holdings Plc, which is owned by Chinese company Geely Holding Group Co. – Reuters pic, April 23, 2014.

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